A few days ago I wrote about the Delhi rape case. Speaking of safety precautions, there is really nothing to blame, but still things did go wrong. In retrospect we can say she should not have taken a private bus, right? Hey, private buses are a way of life in Delhi – everybody does […]
Here is a post from a reader….his name and location does not matter does it? Yes he is a Tamil speaking insurance policy holder….and this is his ordeal… READ ON: Shouldn’t insurance be more user-friendly? “Veettai katti paar, kalyanathai panni paar” – A popular Tamil adage that means “Try building a house and try […]
Do you lend money to friends? How do you react when a friend asks for money? Thanks to banks giving loans literally for everything – personal loans, car loans, home loans, these days the number of people asking for loans has gone down. However at one strata of society it is possible that people come […]
Only thing about markets is NOBODY knows what will happen in the future. Some of us sound like a genius by saying the same thing again and again. Some other brave fools go to the roof top and say ‘Market will go up 22% this year’ and the market makes them look like fools. However, […]
US Fiscal Cliff simplified for everyone. This puts things into a much better perspective as to the present US economic situation.. Lesson # 1: * U.S. Tax revenue: $ 2,170,000,000,000 * Fed budget: $ 3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $14,271,000,000,000 * […]
A promise is a promise….! So here is the first installment in how to read financial statements…. Let us start at the very beginning….when a company files its Annual Accounts it files the balance sheet, Profit and Loss account, auditors report, directors report…ARE THESE TRUSTWORTHY? Well they are as trustworthy as your OWN CV. […]
When the father of a girl called me to ask about a boy (marriage reference), I said nice, glowing things about the boy. Fairly obviously I knew the father in a professional context, the girl in a social context and the boy was working for a company owned by a friend. I did not […]